Today, 26 February 2003

Total Pages: 40
1 40 Today
  • 8 1 TODAY Wednesday February 26, 2003 MITA (P) 002/11/2002
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  • 760 1  -  Elisia Yeo in Kuala Lumpur Malaysian minister on friendship, tensions and that four-eye meeting by elisia@newstoday.com.sg RARELY do you meet a man who picks his words so carefully and still finds himself at the centre of so much controversy. Perhaps, that is the lot of foreign ministers.
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  • HOT NEWS
    • 113 2 A THREE-year-old Chinese boy is feared to have drowned. At press time, more than 25 Civil Defence rescuers were trying to locate the toddler, who apparently fell into a drain with his mother near Block 191 at Boon Lay Drive at about 6.40pm during a heavy downpour.
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    • 446 2  -  Elisia Yeo in Kuala Lumpur by elisia@newstoday.com.sg AS THE United Nations Security Council braces for debate over a second resolution on the Iraqi crisis, leaders of the Non-Aligned Movement (NAM) here were trying to make sure their anti-war stance would reverberate across the world. The NAM
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    • 147 2 SINGAPORE Democratic Party central executive committee member Gandhi Ambalan lost his appeal and was fined $2,000 yesterday, making him ineligible to run for Parliament for five years. Ambalan had been convicted of trying to provide public entertainment outside the Istana on Labour Day, along with
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    • 277 3 Agencies PARIS France's gastronomic world reacted with shock and anger yesterday to the suicide of Bernard Loiseau (picture), a star of haute cuisine who killed himself a week after his restaurant was downgraded in a top food guide. Mr Loiseau, 52, was found dead on
      — Agencies  -  277 words
    • 490 3  -  Francis Kan What GLCs have to do with free trade pacts by francis@newstoday.com.sg FOR SOME time, the buzzword in Singapore has been competition. Legislators have been pushing for liberalisation, ostensibly getting even Government-linked companies (GLCs) buff and battle-ready for challenges from all-comers. And yesterday, while
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    • 442 4  -  Joy Frances Law Society sets guidelines for charging of conveyance fees by joy@newstoday.com.sg LAW firms now have a set of guidelines by which to structure their conveyance fees, thanks to the Law Society's Conveyance Practice Committee. The guidelines which can be viewed on the society's website
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    • 191 4  -  Derrick A Paulo MORE than two-thirds of Singapore youths keep up with local news stories, according to a survey conducted by media and communication students at Singapore Polytechnic (SP). "Youths seem to be knowledgeable about current affairs and this may be attributed to
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    • 546 3 Be an Internationally Certified J English Language Teacher Diploma in Teaching English to Speakers of Other Languages U^k Train with the Professionals to obtain aUK award that'll enable you to be a qualified and certified international English Language Teacher. I Course comprises: Language Theory Language Teaching Methodology I Classroom Planning
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    • 184 4 Ah MY BEST MT.n DECISION. ""S.^^/ "Where education is concerned, MIS is my best decision. The course is highly relevant and insightful. An absolute learning experience." Sherlene Tan MIS course participant Wk JH| Certificate in Business Management VDIfl Part-time, 9 months commencing 10 March 2003 Entry Requirements: 3 GCE 'O'
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    • 61 4 I fra you- h^ooJ..I ORGAN DONATION I For more information, call 6351 5408 or visit www.thegift.org.sg 34 years of saving lives Up to 8 years loan period Up to 88%* of the purchase price Interest rate from 2.07%pa flat For details, please call the hotline at 6337 1511 or visit
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  • HOME NEWS
    • 346 6  -  Grace Tay New poly offers solve-it-yourself approach to learning by gra ce@newstoday.com.sg NO lecture theatres No lecturers No lectures. This may seem like a problem for an educational institution but it will all be in a day's class for students of Singapore's fifth and newest polytechnic. At
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    • 172 6 Bloomberg WASHINGTON The US government has demanded assurances that a proposal by Hutchison Whampoa and Singapore Technologies Telemedia to buy a majority stake in bankrupt network operator Global Crossing Ltd won't compromise national security. Hutchison, owned by Hong Kong billionaire Li Ka-shing, and government-controlled ST Telemedia must
      – Bloomberg  -  172 words
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  • LETTERS
    • 466 8  -  Assoc Prof Brian PFarrell IT IS not surprising that my commentary on Feb 14, "The UN's future is in your hands", provoked replies. Allow me to reply to Mr Ng HC's rebuttal ("The UN Route", Today, Feb 21) of what he assumed wrongly to be my
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    • 44 8 IN our report, "Young and enterprising" (Today, Feb 24), we identified the IT Youth Award winner at the IT Leader Awards as Mr Goh Beng Yeo. He is actually Mr Goh Beng Yeow. We are sorry for the mistake.
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    • Article, Illustration
      782 9 HIS mother died in 1992 after a long battle with kidney failure. When his father collapsed and died one-and-a-half years later, Steven Lee donated his father's healthy kidneys to two strangers so that they would not end up like his mother. Said Mr Lee, 49, an estimating engineer:
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    • 67 8 Your letter can also appear on this page. ij^^fe Give your full name and jL, address and write to: «^i^SS^^[ Today, 24, Raffles Place, #28-01/06, Clifford Centre, Singapore *****1; Fax:6s-*****217; E-mail: news@newstoday.com.sg Find out more about the Essentials e-Instructional Design Program at http://www.hp.com.sg/education/eid Next course starts in April 2003 SMCP
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  • BUSINESS NEWS
    • Market Watch
      • 45 11 STOCKS fell for a second day, led by DBS Group and other major companies. The ST Index lost 16.35 points, or 1.3 per cent, to close at 1290.44. The benchmark index's underlying futures contract for February delivery declined by two per cent to 1291.
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      • 83 11 By$ Feb 25 Close Change DairyFarm 900 US$1,060 +0.205 DBS 6% NCPS10 104.800 +0.200 JMH400USS 5.800 +0.150 JSH500USS 2.570 +0.130 By percentage Feb 25 Close Change Goldtron 0.015 +50.0 Cyber Vill 0.035 +40.0 LionTeckC 0.115 +35.3 Globa 0.025 +25.0 GreatEast 8.450 +0.100 GMG USS 0.025 +25.0 SPH
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      • 55 11 Index Value Change Pis Nikkei 225 8360.49 -204.46 -2.39 Hang Seng All Ordinaries Taiwan Wtd 9148.48 2780.50 4454.35 -90.99 -56.80 -154.85 -0.99 -2.00 -3.36 Korea Comp Set Index 592.25 356.76 -24.04 -5.33 -3.90 -1.47 Jakarta Comp Philippines Comp Shenzhen B 399.11 1013.93 206.96 -3.92 -1.77 2.70 -0.97 -0.17
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      • 36 11 USS UK£ Yen HK$ RM Euro Rttpitili Btiltt 0.5772 0.3656 67.5900 4.5016 2.1782 0.6232 5130.018 24.6265 Peso A$ Indian Rs Won C$ Yuan NZ$ NTS 31.3862 0.9531 27.5448 684.089 0.8590 4.7780 1.0187 20.0519
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      • 22 11 Gold us$/oi Silver us$/oi Platinum us$/oi 357.85 4.71 681.5 Rubber centsAg 179.75 Palm Oil RM/tonne 1 627 Brent crude us$/barrel 36.7
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      • 5 11
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      • 80 11 By$ Feb 25 Close Change ChODBeCW*****61 USS98.30 -1.900 Venture 13.500 -0.500 UOB 10.500 -0.400 Thai Prime200USS 4.720 -0.380 Creative 50 11.200 -0.300 DBS 9.900 -0.300 STIETF100 13.060 -0.240 By percentage Feb 25 Close Change Shining 0.050 -37.5 Easycall 0.070 -26.3 PNEIndW*****8 0.020 -20.0 Mayfran 0.105 -19.2 Cathay
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      • 55 11 By volume Feb 25 ST Engg Gtiraya Chartered Autron WizOffice DatacrftUSS TTInt LeongHin Parkway UniFood Close 1.700 0.510 0.725 0.200 0.040 0.685 0.440 0.735 0.730 0.395 Change -0.020 -0.030 -0.025 +0.005 -0.005 -0.015 +0.005 -1.2 -4.0 -3.5 +1.1 -0.7 -2.0 +1.3 '000 14,490 12,685 12,472 10,594 7,608
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    • 219 11 Bloomberg OVERSEAS Chinese Banking Corp (OCBC), Singapore's smallest bank, plans to focus on expanding overseas to secure growth after reporting a 14 per cent dip in profit last year. Profit in the six months ended Dec 31 rose 1.4 per cent to $349.4 million from a
      – Bloomberg  -  219 words
    • 206 12  -  Lee Yew Meng by yewmeng@newstoday.com.sg THE freehold Calrose Gardens (picture) at Yio Chu Kang goes up for collective sale today. CB Richard Ellis, the marketing agent for the sale, is confident the site will fetch more than $126 million. This means that each of the
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    • 115 12 Bloomberg CYCLE Carriage Ltd's second-half profit rose 16 per cent, helped by sales at its property unit and currency gains at PT Astra International, Indonesia's largest car manufacturer, which is one-third owned by the local company. Cycle Carriage's profit for the six months ended Dec
      Bloomberg  -  115 words
    • 271 12 ■AFP ASIAN EXPANSION: US-based tech giant Agilent Technologies said on Tuesday that it expects 40 per cent of revenues to come from Asia by 2005, cushioning sluggish sales in the US and European markets. The firm, listed on the New York Stock Exchange, opened its US$92 million ($l6O
      ■AFP  -  271 words
    • 235 14 StarHub slashes rates for broadband service STARHUB is slashing its broadband access rates from today, but its cable modems will no longer be loaned free-of-charge. New subscribers to its MaxOnline service renamed MaxOnline 1500 will pay $58.24 (including GST) a month for Internet access, down from $65.52. But,
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    • 68 14 Bloomberg RAFFLES Medical Group, Singapore's secondlargest publicly-traded health care company, said it returned to profit last year. Profit for last year was $4.5 million, compared with a loss of $7.5 million in 2001. Sales rose 15 per cent to $88 million during the same period. Separately, Del Monte
      – Bloomberg  -  68 words
    • 3433 14 UNIT TRUSTS FUNDS B Fd MAV/Eid 'rite Offer Price rdeen Asset Management (Asia). A lerqeen Se -American UDportunities I Aierqeen Se -Asian High Yield A lerqeen Se -China Opportunities I A lerqeen Se -CpntinenfgL Europe Eqty I Aierqeen Se -G oba MNC I A lerqeen Se -Global Technology I A
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    • 406 16  -  Adrian Tan *L WANT something less volatile than equities? True, long-term equities have outperformed bonds, but from 1931 to 1940 and 1981 to 1990, bonds did better by 178 per cent and 11 per cent, respectively. And low inflation and bearish, volatile equity markets mean there is
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    • 263 16  -  Adrian Tan WEARY of equities? And think Singapore dollar fixed deposit rates are too low and bond funds don't promise to return the principal? Don't despair. There's an exciting opportunity at hand. Solely marketed by AIG International Funds (Singapore), the Yield Enhancement Fund A is designed for investors
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    • 403 15 The many degree courses offered at Informatics Group Centre for Open Learning are recognised by the finest Universities and institutions around the world. They give you the qualifications and credentials needed to succeed in life. I rYMRII -'One of UK's Major University Institutions with a history of 4W^^W\. ■MINI MKL
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    • 448 16 Lma M m 1 The Yield Enhancement Funcf. Proudly brought to you by AIG International Funds (Singapore). A unique investment that gives you a fixed total payout of 15%* over 4.5 years. Your money is invested in a diversified range of fixed income instruments, the returns of which are independent
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    • 21 16 Today Wednesday February 26,2003 Brought to you by: RV7B AIG International Funds The retail division of AtG Investment Corporation (Singapore) Limited
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  • WORLD NEWS
    • 158 18 JAKARTA Hours after the United Nations indicted eight Indonesian military officers and civilians for their roles in the violence during East Timor's 1999 vote for independence, Jakarta said it would ignore the decision. "Who gave the (UN) the mandate to indict Indonesians? Under what basis,
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    • 172 18 BANGKOK The death of a nine-year old boy in Thailand's anti-drugs war has caused the Thai media to question if the blitz was getting out of hand. "I want police to think about that little boy every time they are about to draw their guns,"
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    • 269 18 Agencies Inauguration ceremony staged as planned SEOUL North Korea test fired a missile into the Sea of Japan as South Korea was getting ready to inaugurate Mr Roh Moo Hyun as its President yesterday. The ceremony went ahead as planned. While military authorities in Japan and
      – Agencies; – Reuters photo  -  269 words
    • 242 22 -Agencies Big powers split over what window to allow Iraq UNITED NATIONS With the big powers split on military action against Iraq, the United States and Britain scrambled for UN votes yesterday as France, Russia and Germany sought to stymie a push towards war with
      -Agencies  -  242 words
    • 121 22 Saddam wants clash on TV Reuters WASHINGTON Iraqi President Saddam Hussein (picture) has challenged President George W Bush to a live, internationally televised debate, CBS News said. The Iraqi leader also made clear that he would not accept demands to destroy Iraqi missiles which the United Nations said have a
      – Reuters  -  121 words
    • 66 22 Reuters WELLINGTON New Zealand police said yesterday that they were investigating threatening letters, one of which contained cyanide, sent to the United States Embassy and British and Australian High Commissions. The letters referred to tension in Iraq being a trigger for terrorism. There were similarities between
      – Reuters  -  66 words
    • 186 22 Reuters BEIJING Explosions caused by home-made bombs ripped through the cafeterias of China's top two universities in the capital within hours of each other yesterday, injuring at least nine people. The explosions at the Beijing campuses of Peking and Tsinghua universities came amid heightened police
      – Reuters; – Reuters photo  -  186 words
    • 111 22 Reuters BRUSSELS Belgian police have arrested four suspects in connection with the multi-mil-lion dollar diamond heist in Antwerp last week, the public prosecutor's office said yesterday. A Dutch woman and three Italian men were arrested in Antwerp on Friday and are being "held on suspicion of
      Reuters  -  111 words
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    • 103 19 'll It II I i I 11 W gjffl I 111 i^l I Today's knowledge-based economy requires skills that extend beyond the technical know-how. That's why ITE (Institute of Technical Education) is training a new generation of highly-skilled talents like Process Technologists and Chemical Technologists. Talents that are relevant for
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  • COMMENTARY
    • 919 24  -  Shobha Tsering Bhalla Society's perception of women must change so that no babies will be killed by news@news today.com. sg INFANTICIDE, abandoned babies, vanishing mothers. What on earth is going on in decent, safe and law-abiding Singapore? Over the past month, there has
      YENYOK  -  919 words
  • Page 24 Advertisements
    • 187 24 jfj| Annamalai University, India J|l I la^Hs^ Quality And Student-friendly Distance Learning annamalai Programmes are on offer in SINGAPORE hmh international university Cmtact seminars Examinations in SINGAPORE co^ultlnts KEmEmI U&3 Km SG3 SGSmfl Bfi BflOTff Affordable fees with standard hours Result-oriented approach Annamalai faculty and local experts for lectures For
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    • 49 24 Train them yourself for faster results in learning behaviour modification. Concerned parents/teachers/tutors are welcome. Free Preview Friday 28 Feb 6.30pm 7.30 pm Tel: *****513 rf OSCAR MURPHY f|l\/f"Y INTERNATIONAL Ml. TM. J. Help Empower Life Potential 1 Sophia Road, Peace Centre #04-34 Singapore *****9 Email: omi@oscarmurphy.com URL: www.oscarmurphy.com J
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    • 1 24 www.lycos.com.sg
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  • Page 25 Advertisements
    • 182 25 I S^^^^^^Jjjllll! Prize A&th Pri7p -Vtlirri£6 m Kitchen Cabinet V Fujitsu worth $3,600 I_^ Dwi^dfc Systems M from Mike Vernon Home Culture I SI PI IZ6 Air-COnditioner (Excludes hob, hood, basin and other accessories) Toshiba worth $2,999 m^ from Gain City w*| Dvivn 60 Plasma IV (Excludes installation) %9 U
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  • WATZUP?
    • 596 26  -  Chen Sze Kai This feisty lady is set to be the new darling of local TV by szekai@newstoday.com.sg YOU may recognise her as the concert violinist who is torn between Edmund Chen and Tay Ping Hui in the recent Blueprint episode, Concerto For A Bus Driver.
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    • Article, Illustration
      544 27  -  David Ngiau brought to you by the Singapore Film Festival MANY of the acclaimed films you've been reading about in this paper but will probably never get to see in Singapore's theatres will be coming to town come April and May. Courtesy of the Singapore International Film
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    • 69 27 Bad for MJ, good for ratings SOME 567,000 viewers in Singapore caught the Asian premiere of the controversial documentary on the King of Pop, Living with Michael Jackson, on MediaCorp TV Channel 5 on Sunday night. The show topped ratings and became the No 1 programme for the
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    • 234 27 JACK Neo's Homerun (picture) will compete at the SIFF. In a watershed year for local film-making, Homerun is one of only three Singaporean feature films among the 16 vying for the festival's Silver Screen awards. The Singapore-Vietnam production Song of the Stork and Royston Tan's 15
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    • IN CINEMAS
      • 75 28 Singapore Top 10 (Feb 21 Feb 23) 1 2 (1) 3 4 5 (2) 6 (3) 7 8 (5) 9 (6) 10 (7) weeks Hot Chick 1 Catch Me If You Can 2 Chicago 1 Marrying the Mafia (Korean) 1 Final Destination 2 NC-1 6 3 Shanghai Knights 4 Down
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      • 115 28 North American Top 10 (Feb 21 23) weekend gross cumulative gross days 1 (1) Daredevil US$18.09m US$ 69.47m 10 2 Old School US$17.45m US$ 17.45m 3 3 (2) How to Lose a Guy in 10 Days US$11.59m US$ 64.62m 17 4 (4) The Jungle Book 2 US$ 8.71m US$25.17m 10
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      • Article, Illustration
        268 28 Reuters/Variety Daredevil the first repeat US chart-topper HOLLYWOOD Daredevil (Twentieth Century Fox) topped the North American box office for a second straight week, the first back-to-back No 1 performance of the year, with US$lB.O9 million ($30.83 million). The comic book adventure starring Ben Affleck (picture) as a
        Reuters/Variety  -  268 words
  • Page 26 Advertisements
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  • Page 27 Advertisements
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    • 180 29 fliBT P j/ H^hk l ItffV P»rT^ |Kl kl lull till 13 1! 11 ml fill" V^^^^K I ■^^^■M 2^ "^^PHHHW^V V I K TDAY Daredevil Movie Premiums Contest Qn: Jennifer Garner plays the love interest of Ben Affleck's Daredevil. B What is the name of Jennifer's character? Storm Elektra
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  • Page 30 Miscellaneous
    • 1438 30 Springs of Life channel B,7pm J9. rst T°u{n channel 5 Eye on Iraq Bioterror «^^^"™T^^k Fangfang worries about Feifd's (Sharon Au, picture) 5*1 v H^£ CeP Teck Meng is still feeling a bit Channel NewsAsia 7.32pm A™^ health. Feifei uses Dapao's love letters to blackmail him. «i:- i A* i
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    • 1714 31 in \iit\ci w< Ik* 1 Se/ze The Chance To Upgrade And Update Yourself! Choose Lifelong Learning for Lifelong Success. The Institute of Technical Education has many short, part-time Continuing Training modules you can take to update yourself or learn new skills. Apply NOW! Our courses start in March 2003. I
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    • 316 32 Some professions promise uola a better life, but NtArsiha helps uoia nurture life itself" Looking lor a profession which offers a diversity of challenges, rewards \y.( L-— I and opportunities? Why not join a i^"^\ I profession which offers all of these I j j plus the intangible reward of
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    • 21 33 MINISTRY OF EDUCATION l^^^»J TEACH. Mould the Future of Our Nation. Website: www.moe.edu.sg/teach 24-hour hotline: 1800-840 8585 Enquiry: 6872 2220 xqssp/
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    • 1058 34 JOBS TODAY OPPORTUNITIES BECKOiN AT J1 j TI I I T] \1'- I I I \d FEBRUARY i 23 MA^tjOOsh Calling all alumni and graduating students! Get ready to climb the dynamic corporate ladder. Do not miss this virtual window of opportunity. Running from 10 February to 23 March, take
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  • SPORTS
    • 502 35 But team-mates Francis and Mobley win the game for the Rockets BOSTON The fans came to see Yao Ming, and for most of the game they saw a 2.34m-tall decoy, reported ESPN.com. Cuttino Mobley scored 31 points, hitting a three-pointer to force overtime and another
      Reuters photo  -  502 words
    • 344 35 LONDON Mike Tyson ended his nine-month absence from the boxing ring by flattening Clifford Etienne in less than a minute. So what? There may be a temptation to say that, despite the chaos surrounding Tyson's life, he can still continue to perform in the squared circle.
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    • 557 36  -  Tan Yo-Hinn Manager Woon delighted that the club has balanced its books at last by yohinn@newsto day. com. sg IT IS a local football club that is rich in history and tradition. Since its founding in 1975, it has changed its name no less than four times.
      ALVINTOH  -  557 words
    • 376 36  -  Tan Yo-Hinn IT HAS given Singapore a world champion in the legendary Wong Peng Soon, who won four All-England titles. But aside from that, badminton has rarely featured in the Singapore Sports Awards roll of honour since the awards were
      376 words
    • 163 36  -  Stanley Ho IN A bid to distinguish itself as a top institution for sports, Temasek Junior College (TJC) has introduced the sports development programme SportsExcel. For the first time in any junior college, TJC has introduced sports scholarships and sports classes into the programme.
      163 words
    • 430 37  -  Stanley Ho AFTER three years of building work, the new Jalan Besar Stadium is almost ready. And the new home for the Football Association of Singapore (FAS) which doubles up as the National Football Academy (NFA) and the S-League headquarters was given
      430 words
    • 618 37 AFP Indian skipper admits that his opponent's success has surprised him ICC World Cup England v India Live, 8.30pm, Ch37 (pay-per-view) causing him a selection problem over whether to recall leg-spinner Anil Kumble. India's highest wicket-taker in oneday internationals has not played in his side's last
      AFP; Reuters photo  -  618 words
    • 655 38 Agencies Ajax pair De Jong and Pienaar fancy their chances wSBSBm LONDON Following Ajax' impressive draw at Highbury last week, there is increasing talk of the resurgence of a former Dutch giant During that 1-1 Champions League draw, there were brief glimpses of attacking
      Agencies; AFP photo  -  655 words
    • 185 38 AFP Champions League Group A Newcastle v Bayer Leverkusen Live, tomorrow morning, Ch 24, 3.30am NEWCASTLE After its stunning heroics last week in Germany, Bobby Robson's Newcastle hosts Bayer Leverkusen in Group A of the Champions League tomorrow morning. The 3-1 winning scoreline in
      AFP  -  185 words
    • 94 38 THE Ramakrishna Old Boys' Association (RKOBA) and the Ang Mo Kio Police Division Headquarters will be jointly organising a seven-a-side charity soccer tournament to raise scholarship funds for needy students. To be held on March 16 at the Police Academy, the tournament features top prizes of $1,000 (Open
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    • 63 38 MILAN Inter Milan president Massimo Moratti has confirmed his interest in Manchester United's Ryan Giggs and says "it would be fantastic" to recruit team-mate David Beckham along with him. "Maybe the discussion is a little premature," Moratti told the daily Gazzetta dello Sport yesterday when asked about Giggs
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    • 90 38 LONDON Ronaldinho has admitted his 35-metre wondergoal that embarrassed England goalkeeper David Seaman at last year's World Cup was a fluke, according to one of the Brazilian's team-mates. Middlesbrough's Juninho said that Ronaldinho had revealed in the dressing room after the game that he mishit the shot "He
      90 words
    • 59 38 LONDON Uefa president Lennart Johansson has reiterated the opposition of European soccer's governing body to the revival of Fifa's world club championship. "We have to fight that I hope we can reach an agreement with Fifa because the players and clubs need rest between matches and you
      59 words
    • 790 39  -  Neil Humphreys Rumours of ill-discipline and tactical naivety suggest the nice guy should quit Comment by neil@newstoday.com.sg WEST HAM United had again failed to secure the three points, a lapse in concentration allowing Bolton to snatch a late equaliser. It was a pivotal moment in
      Getty Images  -  790 words
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